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RE: Elliott's Singer: Bitcoin Boom Confirms "The Limitless Ignorance Of Humans"

in #bitcoin6 years ago

@zer0hedge..bro Singer is right of course. But people have made good paper profits trading crypto. As a speculation it has interest. People should know there is nothing to prevent the managers of BC from doubling the number of coins to 42 million or to a billion. It's just a software change. BC is a belief system but so is fiat dollars on a much bigger scale. For a long term holding, I'd prefer gold to BC. For a short term holding and transaction.Lookup blockchain and do some reading. Your comment shows you have total ignorance on how it works. You cannot simply change the coin cap with a "software change". There are no "managers" of bitcoin. Thank you for sharing with us..

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